Select the correct answer.

Question

An embargo is the reduction or elimination of trade between countries in one product or many products. An example is when the member countries of OPEC’s 1973 decided to stop trading oil with the United States.
What is the most immediate effect of a disruption in trade for US consumers?
Group of answer choices

The government will force people to stop buying a product.

The US will invade any country that imposes and embargo.

The price of some products, like oil, can rise dramatically.

Consumers will face no shortage of product availability.

Answer 1

The most immediate effect of a disruption in trade for US consumers is:

The price of some products, like oil, can rise dramatically.